Miguel

Miguel is 30 years old and married to Heidy. They do not have children that they have to support. Miguel lives with his wife and in-laws. They are currently living in a very old house in Sariri in Cerro Verde in the southern part of the city of Cochabamba. Around six kilometres from Cochabamba, the house is their own. Miguel currently makes a living selling clothes from his business in the city's local market. This loan will be used as operational capital to buy merchandise for the business and thus to be able to cover the costs of necessities for his family.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.